In order to promote the growing tech ecosystem in Pakistan, an Islamabad-based Technology startup has raised $1.4 million from Silicon Valley investors. Indus Valley Capital led the round for the investments with the further participation of several known global investors including billionaire investor Tim Draper, Hustle Fund Ventures, and other well-known angel investors from Silicon Valley.
RemoteBase capitalized on the pandemic and enabled Pakistani software engineers and developers to work directly with Silicon Valley companies, creating a business model which attracted one of the largest investment seed rounds for any Pakistani company.
A former senior executive at business networking app, Linkedin, Aatif Awan expressed excitement about investing in Remotebase to promote the technology.
He said: “Remotebase is a crucial piece of the puzzle for the Pakistani tech ecosystem to earn its well-deserved place in the world. As tech companies go remote, Remotebase can help Pakistani talent fulfill this demand and gain experience with the best startups around the world.”
COVID-19 has further enabled companies to work remotely. RemoteBase finds, hires, trains, and places Pakistani software engineers and developers in Silicon Valley companies. Famous Silicon Valley companies include Google, Facebook, and Apple.